The pilot of the plane has been identified as Andres Chavez. The name of the co-pilot has not been released.

According to friends, Chavez was from Colombia but had been living in Miami.

Most of the plane, a 10-seat Hawker H25 jet, which was built in 1979, was consumed by fire, but the NTSB said the four corners, including the tail, wings, and nose were preserved.

The landing gear and flight controls were also examined and they are still looking for airplane parts.

The NTSB also announced that the CVR, a recording device on board the plane, was damaged but the tape was not. That means it recorded everything up until the final moments of the crash.

The NTSB will now be looking at the plane’s manufacturing records and will also be looking into the health of the pilots.

They both earned FAA’s highest certification, according to NTSB.

Surveillance video showed that the plane was flying at a low altitude and was banking to the left. The left wing of the plane hit the ground and the plane crashed into the apartment building, according to the National Transportation Safety Board.

Pebb Enterprises, located on Glades Road near the Florida Turnpike, scouts locations for shopping malls.

The following statement was posted on the company's website:

"Our hearts are broken this morning with the news of the tragic accident that took the lives of two principals and five employees of Pebb Enterprises. We are shocked and deeply saddened for the families, colleagues and friends of those who perished. Our first priority is to give our fullest support to the family members and loved ones of our coworkers. We ask for the media's understanding and cooperation at this time of unimaginable loss and mourning and are not responding to media requests at this time."